Q:

You by a t shirt at the fair that costs the owner $12,but your markup is 30%. Tax is 7%. How much money do you owe

Accepted Solution

A:
Answer: The final price of money of t shirt that I own = $ 16.69Step-by-step explanation:Given in question as ,The t shirt cost to the owner = $12The markup percentage = 30%So, now the cost price of t shirt = 30% of 12 + 12                                                     = 3.6 + 12 = $15.6Tax which is added now            = 7%So, new cost of t shirt = 7% of 15.6 + 15.6                                      = 1.092 + 15.6  =$ 16.69Hence , the final price of money of t shirt that I own = $ 16.69   Answer